The Chinese manufacturer Yutong plans to supply 12,000 electric buses to the Nigerian metropolis. However, the deal could come with unpleasant surprises. The Nigerian partner is embroiled in a severe financial scandal.
By Christian Hiller von Gaertringen
Taiwan's chip giant TSMC is now almost certain to build a factory in Dresden. The government considers the strategic security of the supply chain to be of enormous value and is offering substantial subsidies. The catch: The technology that Germany is attracting with a lot of money is outdated.
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The EU Commission's response to the multi-billion US Inflation Reduction Act for the promotion of green industries is insufficient, criticizes the lead MEP in the EU Parliament. The EU has no "business case" for decarbonizing the industry. It should promote more technology sectors and grant more subsidies. This is the demand made in the report of the responsible EU rapporteur, which is available to Table.Media in advance.
By Till Hoppe
Spain faces the worst drought since record-keeping began. The drought leads to forest fires, damaged crops and drives up inflation. The government has provided more than two billion euros for a series of measures and the political parties are making climate change an election campaign issue.
By Isabel Cuesta Camacho
Regional elections are due to be held in Spain on Sunday. The result is likely to have a signal effect far beyond. Will the conservatives and the right manage to prevail? Madrid in particular is highly contested. The battle for power is being fought hard.
By Isabel Cuesta Camacho
The ban on commissions for securities transactions was cleared in advance. Pressure from the Federal Ministry of Finance probably helped. But even without the commission ban, the proposal for the retail investor strategy that the Commission is presenting today is unlikely to meet with much approval in the industry.
By Max Mustermann
According to a survey conducted by the Hamburger Stiftung für Wirtschaftsethik (Hamburg Foundation for Business Ethics), German SMEs consider protecting human rights along the supply chain important. The focus is currently primarily on supply chains in China. However, companies are not satisfied with the implementation of the law in Germany – and do not always feel adequately represented by their own associations in this regard.
By Caspar Dohmen
Satellite images show that China is building a fifth research station in Antarctica. While Beijing stresses that it wants to cooperate in the region with other states, Western observers warn of espionage. The US military reports about dual-use technology and suspicious antennas at China's stations.
By Jörn Petring
Emissions must also be reduced in agriculture. But unlike in other sectors, natural processes can hardly be replaced. Nevertheless, the industry is to be made more accountable with a new version of the Industrial Emissions Directive – and the outcry follows immediately.
By Timo Landenberger
The Competitiveness Council and the Industry Committee of the EU Parliament discussed the Critical Raw Materials Act (CRMA) yesterday. Both institutions want to agree on their positions before the summer. Above all, the debate about mining in nature reserves could get in the way of the ambitious schedule.
By Leonie Düngefeld
